Reported 1 day ago
The cryptocurrency market is experiencing a slight decline with Bitcoin dropping below $117,000 due to increased whale sell-offs, while Ethereum and XRP remain stable at $3,730.88 and $3.13, respectively. Notably, large transactions for Bitcoin and Ethereum rose, while daily active addresses varied. Analysts suggest that Bitcoin might consolidate near $117,000 before potentially experiencing a short squeeze. Ethereum shows promise for further gains in Q4, with bullish predictions targeting $8,000 or higher. Solana and Dogecoin are also highlighted for their potential upward movements.
Source: YAHOO